Neighborhood Gem Restaurant & Concept w/ 25+Years of Goodwill for Sale in San Francisco!
RRC# 4778
Location: Alamo Square/Lower Haight neighborhoods of San Francisco
Description:
This owner operated restaurant has been a neighborhood gem and staple destination for over two and half decades. Located in the Alamo Square/Lower Haight neighborhoods of San Francisco this business attracts neighbors, affluent locals and tourists alike.
The space leads itself to an owner operator or chef owner operator and has been a consistently cash flowing business for the current owners who pay themselves wages and run personal expenses through the business. Over the years the sales have ranged between ~$400-$500k generated from their daily dinner service that is served from 530-9pm.
The ~1110sf space is easily operated with roughly five employees each day. The raised open kitchen has a Type-1 Hood and overlooks the ~40 seat dining room and large bright front windows. The business serves fresh quality dishes and offers a solid wine selection with the existing Type 41 beer & wine license.
The space has one ADA bathroom, new water heater, ample storage and an open floor plan for ease of operations. A full equipment list can be provided upon request.
The lease runs through 2028 and has a 10-year option with a current monthly gross lease rate of $5900/month.
Reach out to learn more about this longstanding San Francisco concept and restaurant that is now for sale, as it won't last at this price!
Financial Information:
Monthly Revenue: Contact for Info
Monthly Cash Flow: Contact for Info
Annual Revenue: Contact for Info
Annual Cash Flow: Contact for Info
General Info:
Ownership: LLC
Established: 1998
Employees: 6-8
Reason For Sale: Retirement
Monthly Rent: $5,900 Gross
Expiration: 9/31/2028 plus 1 - 10 year option
Facilities:
Square Feet: 1,110
Seating: 40+
Parking: Easy Street Parking
Licenses: Type 41, Beer & Wine, Business & Health
Days/Hours of Operation: 530-9pm daily